Effectiveness of Multiple-Policy Instruments: Evidence from the Greenhouse Gas Reduction Policy in Japan

Naonari Yajima () and Toshi Arimura
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Naonari Yajima: Waseda INstitute of Political EConomy, Waseda University
Toshi Arimura: Faculty of Political Science and Economics, Waseda University

No 1916, Working Papers from Waseda University, Faculty of Political Science and Economics

Abstract: “Management-based regulation” has no tangible incentives and such regulations may not be effective. Therefore, a mixed policy that uses both “management-based regulation” and with some clear incentives may be effective and necessary. In this paper, we investigate the effectiveness of combination of “management-based regulation”, some economic incentives and/or information provision on climate change actions. We focus on the “Emissions Reduction Program” (ERP) in Japan, which is one of “management-based regulation”, aiming to promote large facilities reducing greenhouse gas (GHG) emissions. Using the prefecture-industry level aggregated data, we find that information provision, reward for good practices and designation of responsible department for climate change has positive impacts on GHG emissions reduction under ERP.

Keywords: Management-based regulation; Provincial-level policy; Greenhouse gas reduction (search for similar items in EconPapers)
Pages: 33 pages
Date: 2019-09
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:wap:wpaper:1916

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